Get A Personalized Debt Free Plan

Find an Office Near You

Offices throughout Toronto and Ontario

At Hoyes Michalos, we’ve been helping honest, hardworking Ontario residents get a fresh financial start since 1999. If you’re having trouble getting help with debt, let our experienced debt professionals in Ottawa, Ontario help you find relief. Shannon Desaulniers is our Licensed Insolvency Trustee at our Ottawa location, where we provide the following debt solutions:

Consumer Proposals

Personal Bankruptcy

Credit Counselling

Debt Consolidation

Debt Settlement

No matter your financial concerns, Shannon will take the time to carefully assess your situation and answer all of your questions. After examining your finances, she’ll recommend the best debt relief strategy for you. The good news is that a great deal of our clients avoid having to file for bankruptcy. Instead, they’re able to pay off their debts with a consumer proposal. In addition, if it’s determined that all you need is credit counselling, we will have you work with one of our certified credit counsellors.

Free Consultation

Imagine what it would be like to be free of worries and debt. The right solution depends on your unique situation. To understand your needs, we provide a free 30 minute, no-obligation debt assessment. Need more than 30 minutes? No problem, we will take as much time as you need to answer your questions. Need a second or third consult before deciding? Again, no problem. All our consultations are free.

Book your FREE confidential debt assessment with Shannon by calling toll free at 1-866-747-0660 or fill in the form on this page to send us an email.

Find our Ottawa Bankruptcy Office

DIRECTIONS: By car – From the Airport Parkway, head East on Hunt Club Road (from the airport, turn right, and from downtown, turn left). Just before Bank Street, turn right into the Towngate parking lot. Suite 211 is on the second floor of the medical tower. By bus – From downtown, take the 98 – Hawthorne. Stop 8383 is just before Bank Street. Or, take the 6 to stop 4245 and walk across Hunt Club.

What Our Clients Say

Our concept is simple. If you give us 30 minutes of your time, our knowledgeable, experienced team will help you build a plan to become debt free.

“I was really overwhelmed by my debt, but Shannon is the reason I can finally breathe a sigh of relief. She was so kind to me and went over all the possible scenarios for my debts. I asked her a lot of questions, but she was happy to answer them all. Seriously, if anyone out there is scared about their debt, I would definitely point them to Shannon, not only for her expertise, but also for her warmth. Thank you so much!!”

LH | $42,780 in debts | Ottawa

Differences Between Consumer Proposal and Bankruptcy in Ottawa

There are two legally binding debt relief plans in Ontario that will allow you and your family the ability to gain a new financial start. They’re known as Personal Bankruptcy and Consumer Proposal. With each of these solutions, you’re provided immediate protection from your creditors, meaning they can’t sue you or contact you. In a consumer proposal, you usually repay only a third of what you owe and you get to keep all of your assets, including tax refunds, investments, and home equity. The greatest benefit to the consumer proposal is that you can avoid bankruptcy, while achieving freedom from your debts.

When you file a personal bankruptcy, your payments vary based on your income and you may have to surrender some assets. A benefit to filing bankruptcy, especially if it’s your first one, is that it can be completed in as little as 9 months. In a consumer proposal, your repayment period can last up to 5 years.

At Hoyes Michalos, we don’t provide a one-size-fits-all solution to your money problems. We take our time and give every one of our clients a tailored plan to pay off their debts and have financial peace of mind.